WidePoint Awarded $2.84 Million in New and Renewal Contracts [Yahoo! Finance]
WidePoint Corporation (WYY)
NASDAQ:AMEX Investor Relations:
widepoint.com/investor-relations
Company Research
Source: Yahoo! Finance
provider, announced that it was awarded approximately $2.84 million in new contracts and renewals. Jin Kang, WidePoint's Chief Executive Officer, stated: "We are very excited about our business development momentum. The majority of these new wins are commercial SaaS revenues and should bolster our bottom-line improvements, an initiative we continue to strive for. With multiple awards across all WidePoint business units, the value of our solutions and managed services continues to be recognized by government and commercial enterprises." Highlights include Of the $2.84 million in contract awards, approximately $2.4 million were commercial SaaS wins and $438,000 were government contracts. $1.8 million was for new contracts and $1,036,000 for renewals. Contract awards include all WidePoint solution lines including, Managed Mobility Services, Identity & Access Management, IT as a Service, and Interactive Billing & Analytics. Kang added, "The $2.84 million in contracts is in add
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WYY
Earnings
- 8/14/24 - Beat
WYY
Sec Filings
- 8/22/24 - Form 4
- 8/19/24 - Form 8-K
- 8/14/24 - Form 10-Q
- WYY's page on the SEC website